Property Type
Selling in Taman Cheng Baru? Homes here sold for a median of RM568,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Cheng
Market Snapshot
RM568,000
RM271 psfMedian transaction price
RM790,000
RM525 psfMedian transaction price
Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Baru in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 2,075 and 2,124 sqft, with a median price of RM568K and a median price per square foot (PSF) of RM271.
This area contains both residential and commercial properties. View 17 residential properties or 22 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM271, with most transactions between RM271 and RM271. The usual range is RM123.86 to RM417.36, showing that most units are priced quite close to each other. With an IQR of RM293.50 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.